323 E Griswold RdPhoenixAZ85020
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Phoenix at 323 E Griswold Rd, Phoenix, AZ, 85020 priced at $610,000 pairs $5,704/mo rent with $2,098/mo cash flow after a $2,986/mo payment. Total monthly income equals $5,704/mo, and annual cash flow comes to $25,174/yr on $200,690 invested. Return on cash invested is 32.6% in year one, and rental yield stands at 11.22% on a $610,000 basis. Equity gained on principal adds $3,936/yr, and 5% annual appreciation accumulates to $168,532 by year five. Five-year ROI measures 170.51% and total cumulative return in cash reaches $342,199. For financing, Ziffy Mortgage’s DSCR program evaluates $5,704/mo property income against a $2,986/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,887 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85020, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,813 (100%) |
| Owner Occupied HU | 9,883 (55.5%) |
| Renter Occupied HU | 6,502 (36.5%) |
| Vacant Housing Units | 1,428 ( 8.0%) |
| Median Home Value | $543,651 |
| Average Home Value | $606,079 |
Housing Distribution
Address Breakdown
Residential
17,288
Single Family
10,808
Multi-Family
6,480
Businesses
1,169
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